2008 (5) TMI 144

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..... ndustrial Company – Held, yes – AO was not justified in rejecting the assessee’s claim and charging tax at a higher rate of 65% - question of law as referred by the Tribunal is answered against the revenue - 93 of 1996 - - - Dated:- 29-5-2008 - RAJIVE BHALLA and RAKESH KUMAR GARG JJ. Krishan Mehta, Advocate for the applicant-revenue. Akshay Bhan, Advocate for the respondent-assessee. .....

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